BRCC vs DKS: Correlation
How closely do BRC Inc. (BRCC) and Dick's Sporting Goods Inc (DKS) trade together? Their weekly returns over three years give a correlation of -0.37, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRCC and DKS?
Across a 3-year window, the weekly returns of BRCC and DKS correlate at -0.37, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.63 versus -0.37 over 3 years. Stretching to 5 years gives -0.29, with an annualized covariance of -7680.2 %².
DKS is close to the least connected end of BRCC's tracked universe, ranking #19 of 20. Correlation aside, the last 12 months split them widely, with BRCC ahead by 460.8 points (+420.5% versus -40.3%). Note the risk asymmetry: BRCC runs 11.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BRCC vs DKS: side by side
| BRCC (BRC Inc.) | DKS (Dick's Sporting Goods Inc) | |
|---|---|---|
| 1-year return | +420.5% | -40.3% |
| 5-year return | -46.4% | +8.3% |
| Volatility (ann.) | 497.7% | 41.9% |
| Beta vs S&P 500 | 2.05 | 1.33 |
| Max drawdown (3Y) | -90.8% | -48.5% |
| Market cap | $0.1B | $11.8B |
| P/E (trailing) | – | 14.5 |
| Dividend yield | 0.00% | 3.80% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRCC | DKS |
|---|---|---|
| 2022 | – | +6.6% |
| 2023 | -40.6% | +25.9% |
| 2024 | -12.7% | +58.9% |
| 2025 | -65.0% | -11.5% |
| 2026 | +655.0% | -32.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRCC and DKS good diversifiers for each other?
By historical standards, yes. A correlation of -0.37 means the two rarely move for the same reasons.
FAQ
What is the correlation between BRCC and DKS?
The BRCC/DKS correlation stands at -0.37 on a 3-year window (1 year: -0.63, 5 years: -0.29), computed from weekly returns as of 2026-08-27.
Is DKS a good diversifier for BRCC?
By historical standards, yes. A correlation of -0.37 means the two rarely move for the same reasons.
What does a correlation of -0.37 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brcc-vs-dks.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brcc-vs-dks/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRCC correlations · DKS correlations
